The Penny's Final Roll: Is Your Business Ready?
The writing’s on the wall—or should we say, the penny’s off the press. The U.S. Mint will eventually stop producing pennies, and when those little copper coins disappear from circulation (lost in couch cushions, buried in jars, or just worn out), cash transactions are going to need a new game plan.
Enter: Nickel-Rounding
This isn’t sci-fi—it’s already working beautifully in Canada and other countries. And here’s the thing: your POS system is probably already equipped to handle it. The question is, are YOU ready to make the call?
There are two approaches:
✅ True Rounding: Some transactions round up, some round down (based on the penny value)
✅ Customer-Favor Rounding: Everything rounds down—your customers always win
Both methods have been proven with tens of thousands of transactions. Both affect sales AND returns. And both require a thoughtful decision about what’s right for your business.
The Good News
This doesn’t impact your daily operations today. But being prepared for tomorrow? That’s where we come in.
At North Country, we’re fully versed in both methodologies. We’ll help you navigate your options, set up transparent receipts and reports, and implement the solution that best serves your organization and your customers.
Because when change comes (pun fully intended), you shouldn’t have to figure it out alone.
Let's talk about your rounding strategy
Reach out to our team—we've got this down to a science